crab harmonic pattern: AB=0.61 XA BC=0.88 AB CD=3.6 BC
shark harmonic pattern: AB=0.38 XA BC=1.6 AB CD=1.6 BC=$7.3 or CD=0.88 XA=$8 or CD=1.13 XA=$17 or CD=2.24 BC=$27
Hello, I think this is very helpful, because KMD have a drop
I bought 5% of my wallet capital and will sell at the targets
Komodo looks like its getting rejected at its horizontal resistance cluster at around $2.25 (red margin). Entry at horizontal support at around $1.63 would be perfect buy in zone.
BUY KMDUSDT - TAKE PROFIT AROUND 2,75+ USDT
All conditions ready for some deeper correction but yes it was a nice impulsive wave and this can be the real start of some trend reversal from bottom!
Elliot waves are comprised of 5 waves. 1= initial move up 2= Small ABC correction where the low does not reach 1 3= Longer timeframe wave moving up 4= Longest down wave in the structure including an ABC correction and eventual accumulation, can not not reach 2 and usually bounces at 618 fib line 5= Most parabolic wave in the structure after accumulation and a...
$KMD looking good to climb the ladder from here. Could see a retest to 1.50-1.60 region before taking flight.
The buying force is coming to KMD but it still stuck below 1.4$ zone, if it couldn't conquer this zone, it will fall down with Diamond pattern, which can push KMD down to 1$ zone or even 0.6$ zone in this March. If it conquers 1.4$ zone, it will come back to the ATH at 1.9$ zone or even 2.8$ zone in this March 📈BUY -Buy: 1.4-1.45$ if A. SL B 📉SELL -Sell:...